Loan modification programs are initiatives designed to help borrowers who are struggling to make their mortgage payments. These programs provide an opportunity to restructure the terms of a mortgage ...

The federal Home Affordable Modification Program, which is designed to guide the modification process to the benefit of the lender (not the borrower), has helped 12 percent of a potential 3 million ...

FDIC Chairman Sheila C. Bair has announced that IndyMac Federal Bank FSB will implement a new program to systematically modify troubled mortgages. The program is designed to achieve affordable and ...

Deploys Multi-Channel Outreach Across English and Spanish to Ensure More Than 100,000 Borrowers Have Access to Answers, Relief Options, and Ongoing Account Support Vervent Inc., the servicer for the ...

A mortgage loan modification is a relief option designed for borrowers experiencing long-term financial hardships that make it impossible for them to keep up with payments. The goal is to reduce your ...

Borrowers with poor credit can still nail down home loan refinancing. Here’s how.

Vervent Inc., the servicer for the Tricolor Holdings auto loan portfolio, today announced a comprehensive consumer support initiative designed to help the approximately 100,000 borrowers affected by ...